InfraREIT, Inc. HIFR Income Statement

Infrareit, inc. (HIFR)

Income statement / Quarterly

Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14
Lease revenue
48,574	57,945	48,926	47,827	45,656	58,677	51,618	40,422	39,624	55,230	49,419	33,785	33,665	50,921	41,452	29,458	29,372	45,044	39,309	25,225	24,837
General and administrative expense
7,087	11,459	6,787	6,631	6,088	5,823	6,718	6,866	5,981	5,991	5,336	4,980	5,545	5,641	5,504	4,728	48,733	5,786	6,143	3,284	3,412
Depreciation
12,204	12,181	12,063	11,992	11,577	12,210	13,328	12,982	12,687	12,392	11,828	11,410	11,074	10,773	10,259	9,671	9,508	9,255	8,998	8,366	8,461
Total operating costs and expenses
19,291	23,640	18,850	18,623	17,665	17,776	20,046	19,848	18,668	18,383	17,164	16,390	16,619	16,414	15,763	14,399	58,241	15,041	15,141	11,650	11,873
Income from operations
29,283	34,305	30,076	29,204	27,991	-14,878	31,572	20,574	20,956	36,847	32,255	17,395	17,046	34,507	25,689	15,059	-28,869	30,003	24,168	13,575	12,964
Other (expense) income
Interest expense, net
10,060	10,258	10,120	11,070	10,674	10,475	10,357	10,141	9,698	9,644	9,379	9,055	8,842	7,470	6,723	6,939	7,422	8,377	8,699	7,984	7,681
Other income, net
1	3	7	374	733	367	331	17	3	861	1,024	1,137	759	868	707	847	626	-17,569	294	172	-133
Total other expense
-10,059	-10,255	-10,113	-10,696	-9,941	-10,108	-10,026	-10,124	-9,695	-8,783	-8,355	-7,918	-8,083	-6,602	-6,016	-6,092	-6,796	-25,946	-8,405	-7,812	-7,814
Income before income taxes
19,224	24,050	19,963	18,508	18,050	-24,986	21,546	10,450	11,261	28,064	23,900	9,477	8,963	27,905	19,673	8,967	-35,665	4,057	15,763	5,763	5,150
Income tax expense
255	304	257	-5,428	286	345	308	321	244	325	299	293	186	374	243	124	208	297	248	250	158
Net income
18,969	23,746	19,706	23,936	17,764	-25,331	21,238	10,129	11,017	27,739	23,601	9,184	8,777	27,531	19,430	8,843	-35,873	3,760	15,515	5,513	4,992
Less: Net income attributable to noncontrolling interest
5,224	6,545	5,435	6,602	4,900	-7,046	5,908	2,821	3,068	7,749	6,560	2,576	2,462	7,725	5,458	2,481	-9,000	836	3,621	1,278	1,147
Net income attributable to InfraREIT, Inc.
13,745	17,201	14,271	17,334	12,864	-18,285	15,330	7,308	7,949	19,990	17,041	6,608	6,315	19,806	13,972	6,362	-26,873	2,924	11,894	4,235	3,845
Net income attributable to InfraREIT, Inc. common stockholders per share:
Basic
0.31	0.39	0.32	0.39	0.29	-0.42	0.35	0.17	0.18	0.46	0.39	0.15	0.14	0.49	0.32	0.15	-0.65	0.08	0.34	0.12	0.11
Diluted
0.31	0.39	0.32	0.39	0.29	-0.42	0.35	0.17	0.18	0.46	0.39	0.15	0.14	0.49	0.32	0.15	-0.65	0.08	0.34	0.12	0.11
Cash dividends declared per common share
0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.22	0.22	0.22	0.40	-	-	-	-